The City of Huntsville has approved development agreements for two major industrial projects that could bring more than 450 new jobs and nearly $200 million in capital investment to the area.

City officials announced the agreements with SPX Enterprises and Blue Origin, two companies expanding their footprint in Huntsville’s growing manufacturing and aerospace sectors.

SPX Enterprises plans to invest $118 million in a 460,000-square-foot manufacturing facility in the Greenbrier area, west of County Line Road. The facility will produce large-scale cooling and air-handling equipment used in data centers and is expected to create about 350 jobs.

To support the project, the City of Huntsville and the Industrial Development Authority approved up to $250,000 in incentives, contingent on the company meeting agreed-upon hiring and wage benchmarks through Dec. 31, 2029.

Blue Origin will invest $71.4 million to expand operations in Cummings Research Park and Jetplex Industrial Park, establishing Alabama as the home of its thruster production. The expansion is expected to create 105 new jobs. The city will provide up to $200,000 in hiring incentives and up to $200,000 for related infrastructure improvements, subject to the company meeting project targets.

Both development agreements include non-educational tax abatements for a 10-year period.

Huntsville Mayor Tommy Battle said the projects reflect the city’s continued appeal to advanced manufacturing and aerospace companies. “Huntsville’s stability in governance, coupled with a highly skilled workforce, continues to make the Rocket City attractive to new and expanding industry,” Battle said. “As a result, these large-scale capital investments in facilities and people are fueling Huntsville’s economy and are providing regional employment opportunities for generations to come.”

Sherri Blevins is a reporter for 256 Today.